To reiterate David's comment, your business loan is reportable when the purpose is to to purchase, refinance or for home improvement and secured by a dwelling. If your app indicates an underlying purpose, that is applicable David's comment of it being vague and screams "fix it." If the lender wrote a narrative for the loan such as is often the case when a loan goes to committee, ensure it isn't "vague" and later requires justification.
My opinions are not necessarily my employers.
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell